Businesses for foreigners in China

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Marketing strategies of foreign cosmetics brands in China
04Aug

Marketing strategies of foreign cosmetics brands in China

Foreign cosmetics brands account for more than half of cosmetic market in China China is the second largest cosmetics market in Asia and the fifth in the world. It has been a profitable paradise for foreign cosmetics brands for a long time. Foreign cosmetics brands in China own around 70% of the market. In 2018, P&G and L’Oreal […]

The economy of Wuhan: A hub of commerce, education, industry and politics
02Aug

The economy of Wuhan: A hub of commerce, education, industry and politics

For many globally, Wuhan has recently been put on the map from being the epicenter of the COVID-19 pandemic. However, even before COVID-19, Wuhan was newsworthy for its economic importance and key roles in transportation, education, industry and politics. Situated in central China on the middle reaches of the Yangtze River, Wuhan commands one of […]

China Paradigm transcript #102: The way forward to increase B2B sales in China
28Jul

China Paradigm transcript #102: The way forward to increase B2B sales in China

Find here the China Paradigm 102. In this interview, Yoann Delwarde co-founder at infinity growth where he helps CEOs and companies to increase B2B sales in China with integrity. Full transcript below: Welcome to China Paradigm, a show powered by Daxue Consulting where we interview season entrepreneurs and experienced managers in China about their business […]

Future applications of 3D Printing in China
21Jul

Future applications of 3D Printing in China

Needless to say, 3D printing in China is becoming an important industry. With the legacy of industrial manufacturing and an ambition for Made in China 2025, China is eager to claim international market in 3D printing. Domestically, the market size is rising at an annual rate around 40%, with commercial applications in home appliances, construction, […]

Rare earth minerals in China: The resource behind NEV, smartphones and modern China’s geopolitical status
15Jul

Rare earth minerals in China: The resource behind NEV, smartphones and modern China’s geopolitical status

During the 20th century, the main strategic resource was oil. This resource was at the center of international conflicts and tensions at the time. In the future, rare earths minerals will become crucial. These minerals are at the origin of many products essential in our consumption such as green technology and batteries. Today, China produces […]

Business turnaround in China: What is the future for Luckin Coffee?
08Jul

Business turnaround in China: What is the future for Luckin Coffee?

On April 2, 2020, Luckin Coffee (Ruixin Kaffei瑞幸咖啡) confirmed that its sales numbers were inflated by a total of CNY 2.2 billion (USD 310 million) in 2019. This number represents approximately 45% of its projected final sales. Suspicions of fraud had already been hanging around for several months after the investment firm Muddy Waters released […]

Behind the counterfeit product industry in China
15Jun

Behind the counterfeit product industry in China

Forgeries of luxury-brand products are more prevalent in China than in any other country in the world. When on the metro or walking down the street, it can seem as if nearly everyone is sporting a flashy brand name product. But much deadlier than casual counterfeits are the “real fakes”– counterfeit goods so similar to […]

Outlook of the seafood market in China after COVID-19
13May

Outlook of the seafood market in China after COVID-19

Import and consumption of seafood are decreasing The total import of seafood in the first quarter of 2020 was 22.8 billion yuan. Import in the first quarter of 2020 fell by 27% from the fourth quarter of 2019. It is the lowest value of import volume since 2018.      [Data source: Statista, ‘China’s import of […]

Paper market in China: Imports and exports in balance
21Apr

Paper market in China: Imports and exports in balance

In 2018, 104 million tons of paper was both produced and consumed in China. However, the profitability of the Chinese paper industry is stabling out after an upward trend. The gross profit margin exceeds 13% and operating margin increased from 5.2% in 2013 to 6.5% in 2017. In 2008, the gross profit margin decreased from […]

5 Things everyone gets wrong when starting a business in China
16Apr

5 Things everyone gets wrong when starting a business in China

Starting a business in China is a brave and bold move. It requires sacrificing an average of 70 hours a week for several years. This, in essence, is what most startups fail to recognize. Success doesn’t come overnight. So, if you are looking to open a new chapter in life and start a business, here […]

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